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Published on 12/29/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

State of Ohio calls $90.71 million 2005A higher education G.O. bonds

By Tali Rackner

Norfolk, Va., Dec. 29 – The State of Ohio plans to redeem $90,705,000 of its series 2005A higher education general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Feb. 1:

• $7,955,000 of 5% bonds due Feb. 1, 2018;

• $8,355,000 of 5% bonds due Feb. 1, 2019;

• $8.77 million of 5% bonds due Feb. 1, 2020;

• $9.21 million of 5% bonds due Feb. 1, 2021;

• $9.67 million of 5% bonds due Feb. 1, 2022;

• $10,155,000 of 5% bonds due Feb. 1, 2023;

• $10,665,000 of 5% bonds due Feb. 1, 2024;

• $11,195,000 of 5% bonds due Feb. 1, 2025;

• $7.15 million of 5% bonds due Feb. 1, 2016; and

• $7.58 million of 5% bonds due Feb. 1, 2017.

Huntington National Bank is the trustee and escrow agent.


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